Japan’s Nikkei closed at its highest level in two and a half months, as major technology stocks tracked gains in Wall Street overnight and energy stocks rose, led by higher oil prices. The Nikkei rose 1.04 percent to 28,234.29 points, its highest close since March 29, and it continued a …
Read More »Japan’s Nikkei index closes flat
Japan’s Nikkei gave up most of its gains to close flat on Tuesday, as worries about inflation and higher interest rates in the United States outweighed the rise of automakers and energy-related stocks. The index rose 0.1 percent to 27,943.95 points, after exceeding 28,000 points for the first time since …
Read More »The Nikkei closed at its highest level in two months
Japan’s Nikkei closed at a two-month high on Monday, as energy stocks rebounded on higher oil prices while technology firms rebounded. The Nikkei rose 0.56 percent to 27,915.89 points at the close, after it began the session falling to 27,523.95 points, after selling led by the technology sector on Wall …
Read More »Nikkei closes at a two-month high
Japan’s Nikkei closed at a nearly two-month high on Friday, boosted by gains in Fast Retailing shares after the company reported strong domestic sales. The Nikkei index rose 1.27 percent to close at 27,761.57 points, the highest closing level since April 5, recording the largest weekly jump since March 25, …
Read More »Japan’s Nikkei index closes flat
Japan’s Nikkei gave up most of its gains to close flat on Tuesday, as worries about inflation and higher interest rates in the United States outweighed the rise of automakers and energy-related stocks. The index rose 0.1 percent to 27,943.95 points, after exceeding 28,000 points for the first time since …
Read More »Japanese stocks rise as auto stocks rise, boosted by strong earnings expectations
Japanese stocks rose on Wednesday, supported by a rebound in the auto sector after a report by analysts gave positive expectations for the sector’s profits, but limited cautious gains in trading ahead of the monthly data on US employment in the non-farm sectors. The Japanese Nikkei index rose 0.65 percent …
Read More »Nikkei closes at the highest level in a month amid optimism about growth in China
Japan’s Nikkei index closed at its highest level in more than a month on Monday, boosted by equipment and technology shares, after stimulus measures in Shanghai and the easing of Covid-19 restrictions calmed fears of a sharp slowdown in China, the world’s second-largest economy. The Nikkei index rose 2.19 percent …
Read More »Nikkei closes higher after falling for three sessions as Wall Street rises
Japan’s Nikkei ended three straight sessions of losses on Friday, tracking Wall Street’s overnight rally, although gains were limited as investors began selling shares as the index approached the sentimentally significant 27,000 point level. The Nikkei index rose 0.66 percent to close at 2,6781.68 points, and closed up by 0.16 …
Read More »Nikkei dips on chip-related stock losses
Japan’s Nikkei fell for the third consecutive session on Thursday, as losses in blue chips-related blue chips outweighed a jump in airline and rail stocks. The Nikkei fell 0.27 percent to close at 26,604.84 points, giving up the gains recorded earlier in the session, supported by a strong closing of …
Read More »Reuters: Japan government to urge BOJ to meet inflation goal sustainably
Japan’s government is seen calling on the Bank of Japan (BOJ) to strive for achieving its 2% inflation target in a “sustainable and stable fashion,” Reuters reports on Wednesday, having seen a draft of its long-term policy outline. “The government will continue to conduct macro-economic policy flexibly … with a …
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